Major commodities continue to zigzag: they changed direction again and after they had decreased on Tuesday, major commodities prices rose on Wednesday. Crude oil prices including both WTI and Brent bounced back on Wednesday. Gold and silver prices didn’t do…
In this week’s petroleum and oil weekly update by the Energy Information Administration, there is an analysis of the recent updated WTI and Brent oil outlook. The total U.S oil and petroleum stockpiles changed direction and rose. The stockpiles increased…
According to the recent July report by the IEA – International Energy Agency on the recent developments in the global crude oil market as of May/June 2012, the global oil supplies remained high in June; the non-OPEC supply also remain robust. OECD…
The recent economic slowdown in many leading economies including U.S, China and Euro Area has adversely affected many stocks. During the year (UTD) the S&P500 index rose by only 5.9%. This economic slowdown has also adversely affected the potential growth…
Major commodities changed direction again and after they had increased on Monday, major commodities prices declined on Tuesday. The recent news of the end of the energy strike in Norway, one of the top oil producers in Europe, may have…
According to the recent July report by the Organization of the Petroleum Exporting Countries in regards to the recent developments in the crude oil market, the OPEC oil production slightly declined during June compared with May’s oil production levels. OPEC’s…
Major commodities bounced back from their sharp fall on Friday as many of them rose on Monday. Crude oil prices including both WTI and Brent rallied on Monday. Gold and silver prices also sharply increased yesterday. Natural gas Henry Hub…
Following the recent ECB rate cut by 25pp to 0.75%- its lowest rate and the disappointing U.S non-farm payroll report major commodities prices including oil, natural gas and gold declined during the second half of last week. Will this downward…
Crude oil prices shifted with an unclear trend during the first couple of days of the week but soon enough they declined mainly on the last day of the week after the U.S labor report came out and showed that…
Crude oil prices continued to zigzag from gains to losses. The recent ECB rate cut by 25pp to 0.75% its lowest rate may have contributed to the decline in oil prices via the Euro/USD exchange rate. The disappointing U.S non-farm…